Economy

Going Down With the Dow

Going Down With the Dow Going Down With the Dow

The market’s worst drop in two years may not signal a double-dip recession. But it certainly underscores the stupidity of Washington’s deficit/debt mania.

Aug 5, 2011 / Dean Baker

How ALEC Turned Prisoners into Corporate America’s Cheap Labor Force How ALEC Turned Prisoners into Corporate America’s Cheap Labor Force

What do breaded chicken patties, office chairs and cruise missiles used in Libya have in common? They are all made by America's 100,000-strong secret workforce: prisoners.

Aug 5, 2011 / Video / Democracy Now!

Wasn’t the Debt-Ceiling Deal Supposed to Avert a 512-Point Dow Collapse?

Wasn’t the Debt-Ceiling Deal Supposed to Avert a 512-Point Dow Collapse? Wasn’t the Debt-Ceiling Deal Supposed to Avert a 512-Point Dow Collapse?

Obama surrendered to Republicans to get a job-killing, growth-stifling debt-ceiling deal. It was a horrible mistake. Now, with markets tanking, will the president make that mistake...

Aug 4, 2011 / Blog / John Nichols

Sal Rosselli: Empowering the Labor Movement Sal Rosselli: Empowering the Labor Movement

Unions have no permanent political friends nor permanent political enemies. Unions only have permanent political issues.

Aug 4, 2011 / Video / The Nation and On The Earth Productions

After the Debt-Ceiling Debacle

After the Debt-Ceiling Debacle After the Debt-Ceiling Debacle

Maybe now we can get back to making sense of news about the real economy and the struggles people are experiencing every day.

Aug 4, 2011 / Blog / Katrina vanden Heuvel

The Spending Cuts Are Two Sacred Cows Strapped Together With a Time Bomb The Spending Cuts Are Two Sacred Cows Strapped Together With a Time Bomb

This “Super” Committee is actually a ticking time bomb strapped to two sacred cows: military spending and social spending.

Aug 4, 2011 / Nation in the News / Press Room

The Spending Cuts Are Two Sacred Cows Strapped Together With a Time Bomb The Spending Cuts Are Two Sacred Cows Strapped Together With a Time Bomb

This "Super" Committee is actually a ticking time bomb strapped to two sacred cows: military spending and social spending.

Aug 4, 2011 / Video / MSNBC

Koch Brothers Group Games Wisconsin Recalls Koch Brothers Group Games Wisconsin Recalls

Americans for Prosperity just sent misleading information about voting to thousands of Wisconsinites.

Aug 3, 2011 / Blog / John Nichols

The Recovery Is Dead, Long Live the Recovery The Recovery Is Dead, Long Live the Recovery

The die has been cast. Obama’s deal to raise the debt ceiling is a disaster in the making.

Aug 3, 2011 / Robert Scheer

Senate Approves Debt Deal, as Palin Declares Tea Party ‘Victory’

Senate Approves Debt Deal, as Palin Declares Tea Party ‘Victory’ Senate Approves Debt Deal, as Palin Declares Tea Party ‘Victory’

A Democratic Senate endorses a plan that Bernie Sanders warns risks “devastating cuts to Social Security, Medicare, Medicaid...”

Aug 2, 2011 / Blog / John Nichols

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